Shares of IHI CORP/ADR (OTCMKTS:IHICY) reached a new 52-week low on Thursday . The company traded as low as $4.68 and last traded at $4.68, with a volume of 173 shares. The stock had previously closed at $5.03.
Separately, Credit Suisse Group raised IHI CORP/ADR from a “neutral” rating to an “outperform” rating in a research report on Thursday, June 13th.
The firm has a market capitalization of $2.89 billion, a price-to-earnings ratio of 8.67 and a beta of 0.75. The business has a 50-day moving average of $5.60 and a two-hundred day moving average of $5.97. The company has a quick ratio of 0.66, a current ratio of 1.20 and a debt-to-equity ratio of 0.58.
IHI Corporation, together with its subsidiaries, manufactures and sells machinery and equipment in Japan, the Americas, Europe, the Asia Pacific, and internationally. It offers boilers, environment responsive systems, components for nuclear power plants, and facilities for nuclear fuel cycle plants, as well as gas turbine/diesel engines/gas engines.
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